Urban Outfitters stock was trading down on Tuesday after Wedbush lowered its price target on the apparel retailer, citing lower visibility.

The back story. Urban Outfitters shareholders have had a rough ride lately. The stock (URBN) is down more than 13% since the start of the year and has fallen 27% in the past 12 months. The stock lost ground following its most recent earnings report in March, which saw sales miss expectations, even though the company warned that its fourth-quarter revenue looked light in February. Although...

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